Antenova

Antenova

Antenova M2M is the leading provider of high performing standard antennas and radio antenna modules for wireless M2M and consumer electronic devices.

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DateInvestorsAmountRound
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$6.5m

Early VC
Total Funding000k

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Revenues, earnings & profits over time
GBP2012201320202021202220232024
Revenues0000000000000000000000000000
% growth(10 %)(52 %)-129 %(7 %)(35 %)(8 %)
EBITDA0000000000000000000000000000
% EBITDA margin(30 %)(40 %)22 %33 %34 %31 %-
Profit0000000000000000000000000000
% profit margin(29 %)599 %21 %27 %27 %23 %12 %
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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Founded in 1999 as a spin-out from the University of Sheffield, Antenova Ltd. is a developer and supplier of high-performance integrated antennas and radio frequency (RF) modules for wireless communication, consumer electronics, and M2M devices. The company was established to commercialize the multi-band dielectric resonator antenna research conducted by Dr. Simon Kingsley of Sheffield University and Dr. Steven O'Keefe of Griffith University. This research into high permittivity materials enabled the creation of much smaller, highly efficient antennas ideal for the growing mobile device market.

Antenova provides a broad range of standard and custom antenna solutions for technologies including Cellular (5G/4G/LTE), GNSS, Wi-Fi, Bluetooth, ISM, and UWB. Its products are designed for straightforward integration into devices, a philosophy the company calls "Design for Integration" (DFI), supported by services like free CAD files and Gerber reviews. The company serves original equipment manufacturers (OEMs) across various markets, including the Internet of Things (IoT), automotive, medical monitoring, wearables, and smart grid applications. Its business model focuses on providing application-specific components, which generates a high level of repeating revenue through long-term customer relationships. Product families include the gigaNOVA® standard antennas, RADIONOVA® RF antenna modules, and newer lines such as lamiiANT (FR4 material antennas), flexiiANT (flexible PCB antennas), and ceriiANT.

Over its history, Antenova has achieved significant milestones, including securing designs with major mobile device manufacturers and developing the world's smallest GPS antenna module. In 2013, the IP and Engineering assets of Antenova were acquired by Microsoft Corporation. More recently, Antenova was acquired by discoverIE Group plc and now forms a new technology cluster with 2J Antennas under the leadership of CEO Keith Cornell. This alliance aims to create a leading platform in the industrial wireless connectivity market. The company's operations hub is located in Taipei, with additional offices in the UK, US, and China.

Keywords: embedded antennas, RF modules, IoT connectivity, M2M communication, GNSS antennas, wireless integration, RF design, dielectric resonator antennas, cellular antennas, custom antenna design

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